The New York Stock Appreciation Right Plan (SAR Plan) of Helene Curtis Industries, Inc. is a compensation program aimed at rewarding employees for their contributions to the company's success. It provides the eligible participants with the opportunity to benefit from the appreciation in the value of the company's stock over a specific period. The SAR Plan is designed to align the interests of employees with those of the company's shareholders, fostering a culture of ownership and motivation. Under the SAR Plan, participants are granted a specific number of stock appreciation rights, commonly known as SARS. These rights entitle the holder to receive the equivalent cash value of the appreciation in the company's stock price during a predetermined period or vesting period. The SARS are awarded based on various factors, such as the employee's position, performance, and overall contribution to the company's growth. Helene Curtis Industries, Inc. may offer different types of SAR Plans depending on the specific needs and goals of the company. These plans could include: 1. Standard Stock Appreciation Right Plan: This is the basic SAR Plan offered to eligible employees, providing them with the opportunity to earn financial rewards based on the increase in the company's stock price. 2. Performance-Based Stock Appreciation Right Plan: This type of SAR Plan focuses on rewarding employees based on their individual or team performance metrics. It may include specific performance targets that need to be achieved for participants to receive the full value of the SARS. 3. Executive Stock Appreciation Right Plan: Aimed at high-level executives, this plan offers enhanced benefits and additional incentives to key decision-makers within the company. It is structured to align executive compensation with the long-term growth and success of Helene Curtis Industries, Inc. 4. Restricted Stock Appreciation Right Plan: This type of SAR Plan may require participants to meet certain conditions, such as a specific length of service or achievement of specific milestones, before they can exercise their SARS. It ensures participants remain committed to the company's growth and success over the long term. Overall, the New York Stock Appreciation Right Plan of Helene Curtis Industries, Inc. is a strategic compensation program that promotes employee loyalty, motivation, and alignment with the company's shareholder interests. It offers different variants of SAR Plans tailored to the unique circumstances and goals of the organization, ensuring a fair and performance-driven distribution of rewards among eligible participants.